Question on agreement with Rio ?12 Month extension ?? Nov ?
After all the met work and deep drill results are released, (for all to see) and Rio decides to extend the agreement for 12 mo, is there anything in this agreement with Rio that would stop another company from making an offer for Casino in the next 12 mo ?
What would be the point of Rio extending the agreement if it did not have some right of first offer before any other company could come in with a first buy out bid.
After all,,,,, all the DD Rio needed will out for all to see, does Rio have a lock up agreement that stop's all others from putting in a buy out bid for the next 12 mo ?
( I was inversted in a company that signed this type of agreement where no other company could make an offer untill after the agreements final date expired )
M2